FRANKFURT—Tightening monetary policy now to rein in inflation could choke off the euro zone’s recovery, European Central Bank President Christine Lagarde said on Monday, pushing back on calls and market bets for tighter policy. With inflation already twice its 2 percent target and likely rising further later this year, the ECB is coming under increased…
ECB’s Lagarde Keeps Pushing Back on Rate Hike Bets and Hopes
November 15, 2021
admin
Business & EconomyChristine LagardeCompaniesECBeconomic policiesEconomiesEuropehikeinflationrateWorld
0 Comment
ECB Asks for Governments’ Help to Hit Inflation Goal
November 12, 2021
admin
Business & EconomyBusinesses in COVID-19CompaniesECBeconomic policiesEconomiesEuropegoalGovernmentsinflationPhilip LaneWorld
0 Comment
FRANKFURT—European governments should be allowed to spend more when inflation is below the European Central Bank’s 2 percent inflation goal and vice versa, the ECB’s chief economist Philip Lane said on Friday. European Union governments are debating how to reform the EU’s fiscal rules to deal with a pandemic-induced surge in public debt and with…
ECB Can’t Yield Digital Money Space to Private Sector: Panetta
November 5, 2021
admin
Business & EconomyCompaniesdigitalECBeconomic policiesEconomiesEuropeFabio PanettaGold & CommoditiesmoneyprivateStablecoinsWorld
0 Comment
FRANKFURT—The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weaken the role of the central bank, ECB executive board member Fabio Panetta said. The ECB has been working on designing a digital currency, a direct claim on the…
Euro Zone Housing Cost May Be Adding More to Inflation Than Thought: Holzmann
November 5, 2021
admin
Business & EconomyCompaniescostECBeconomic policiesEconomieseuroEuropehousinginflationRobert HolzmannWorld
0 Comment
VIENNA—Housing costs may be adding more to euro zone inflation than once thought, European Central Bank policymaker Robert Holzmann said on Friday, weighing in on a key issue that has been a focus of policymakers this year. When asked how much owner-occupied housing costs could increase headline inflation, Holzmann, Austria’s central bank chief, said it…
Euro Zone Inflation Will Come Down Even If More Slowly, ECB’s de Guindos Says
November 5, 2021
admin
Business & EconomyBusinesses in COVID-19CompaniesECBEconomieseuroEuropeinflationLuis de GuindosWorld
0 Comment
MADRID—Euro zone inflation is still expected to fall next year as the factors driving it remain temporary but the rate of its decline will be slower than earlier seen, European Central Bank Vice President Luis de Guindos said on Friday. “Inflation next year will undoubtedly slow down, but the intensity of the fall is perhaps…
ECB ‘Very Unlikely’ to Raise Rates in 2022, Lagarde Says
FRANKFURT—The European Central Bank is very unlikely to raise interest rates next year as inflation remains too low, European Central Bank President Christine Lagarde said on Wednesday, pushing back on market bets for a move as soon as next October. With inflation running at a 13-year-high, markets are increasingly betting that the ECB will retreat…
ECB Survey Shows Euro Zone Inflation Just Below Goal in 2022
FRANKFURT—Euro zone inflation will be higher in the coming years than earlier predicted and will come in just below the European Central Bank’s 2 percent target in 2022, a survey by the ECB showed on Friday. Consumer price growth is now seen averaging 2.3 percent this year and 1.9 percent the next, the Survey of…
Euro Slips to More Than 1-Year Lows Versus Swiss Franc on Dovish ECB
October 29, 2021
admin
AustraliaBusiness & EconomyCompaniesECBEconomieseconomyeuroEuropeFrancInvestmentlowMarketsUSUS NewsWorld
0 Comment
LONDON—The euro slipped broadly against its rivals on Friday, falling to more than one-year lows against the Swiss franc, as Italian bond yields resumed their upward march a day after the European Central Bank struck a dovish note at a policy meeting. At the meeting President Christine Lagarde disappointed market expectations that she would push…
Dollar Falls on Euro Strength After ECB Meeting as Rates Move
October 28, 2021
admin
Asia & PacificAustraliaBusiness & EconomyCanadaCompaniesDollarECBEconomieseconomyeuroEuropeInternationalInvestmentMarketsmeetingstrengthUSUS NewsWorld
0 Comment
NEW YORK/LONDON—The euro rose sharply against the U.S. dollar on Thursday as foreign currency traders sorted through moves in the interest rate markets and comments by the European Central Bank President Christine Lagarde. The euro rose nearly 0.7 percent to at $1.168 at 1425 GMT. The dollar index of major currencies fell 0.6 percent to…
‘Inflation, Inflation, Inflation’ Still Seen as Temporary, Lagarde Says
FRANKFURT—The European Central Bank still sees a recent rise in euro zone inflation to above its 2 percent target as temporary and expects price pressures to ease next year, ECB President Christine Lagarde said on Thursday. She acknowledged the decline would take longer than ECB had initially expected but said favourable financing conditions created by…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`